Overview:
Under this method, the applicant will purchase 100 % of the shares of an active business, whether it is a café, a restaurant, a florist, an IT company, a laundry, a workshop, a beauty salon, a car wash, thus, in Russia. If the applicant can provide proof of all legal details of the process, he/she can then file an application to the immigration police office for a Russian residence permit for him/herself and his/her family and if his/her application is accepted by the immigration police office, he/she is free to live in this beautiful, spectacular country until the validity period of his/her residency card. After the expiry date, the residence card is extended if requested by the applicant.
One of the most obvious features of this method is that the applicant does not need to take long to set up his business. By buying a business that already operates, applicants can start managing and operating their business with less concern. For example, imagine you’re intending to set up a coffee-shop business from scratch. You will have to rent a shop first, hire a bookkeeper, get required food and beverages licenses, build up a website and promote it on social media, advertise for your coffee-shop, attract customers, set a menu, make contracts with distribution companies, design and execute the interior and exterior design of your coffee-shop, interview, hire and educate staff and the list goes on. But when you’re taking over an already operative and functioning business, you will only have to receive your documents and keys, get the necessary education, and start your work up straight!
Applicants who meet all conditions defined by the Russian government about setting up a business, might be able to get a residence permit with up to 3 years of validity in their first attempt!
General conditions:
Applicants willing to file a request for Russian residency through the business registration must have at least all of the conditions below:
- You must have an initial capital of at least 3,000,000 Russian rubles for your initial investment. You must try to buy an active business which is worth at least 3,000,000 Russian rubles.
- The CEO must pay him/herself at least $ 2,800 a month, of which 13% must be paid to the government as personal income tax and 0.2% as insurance costs.
- In this method, there’s no need to hire local workforce.
- Your company must consider a separate fee for the temporary employment of a Russian CEO until at least one of the partners has been granted Russian residency.
- Russia might not extend all family members residence permit, if you have not resided with your family in the country for a period of at least 6 months.
- Your company 6 months prior to your application must be completely active and be operating 100% according to the subject and contents defined in the business plan and the expected activities of the company.
- You must present a perfect, flawless business plan to justify your purpose of applying for a Russian residence permit.
- The applicant must be able to cover for the forthcoming costs of the business
- The applicant must be capable of managing a business in a foreign country.
- The applicants must be motivated enough about setting up an actual business; not for illegal activities, sinister goals, or for the sole purpose of obtaining the residency card.
Steps you’re going to take in the process of filing an application for the Russian residence permit through the purchase of an active business:
- First step: making a contract with the Whitebird Group.
- Second step: Filling in and translating certain documents and forms
- Third step: signing relevant required documents for business registration in Russia by the applicants.
- Fourth step: giving our colleagues in Russia power of attorney (POA) in employment matters for the business registration, in the Russian embassy of your country of residence.
- Fifth step: finishing the registration process in Russia.
- Sixth step: traveling to Russia via a business visa.
- Seventh step: careful observation and study of available and ready-to-purchase businesses in Russia.
- Eighth step: paying the deposit of the money to the business owner and making a contract with him/her.
- Ninth step: careful study of the documents related to the traded business. Paying attention to all big and small taxation documents other documents of the business.
- Tenth step: getting the necessary education form the seller and his executive team.
- Eleventh step: paying the rest of money pledged in the contract.
- Twelfth step: collecting all required documents for filing an application for the Russian residence permit.
- Thirteenth step: Renting a flat in Russia and obtaining the related documents.
- Fourteenth step: Booking up an appointment with the immigration police office to apply for the Russian residency.
- Fifteenth step: filing a request for the Russian residence permit by the applicant.
- Sixteenth step: if the police accepts your application, you will either receive the residency card yourself or via our group.
The benefits of receiving a Russian residence permit through the purchase of an already operative business:
- By purchasing an already set up and active business, you can start earning money from day one!
- A considerable amount of your time will be saved thanks to this method.
- Russia is one the super powers of this world and holds a rather good position in many industrial, military, agricultural and other fields.
- Russia is a big country with unique neighbours like china.
- Russia is a very powerful and safe country and any interference in its borders can have irreparable consequences for the invading forces.
- Russia has a water border with the Caspian Sea as well as the Baltic Sea.
- Russia has good relations with many countries in the world.
- You can register a business/company whose chosen tax system has a profit tax of only 7.5%.
- Russia’s modern and integrated tax system, spares you from declaring the expenses of your business. The system automatically tracks expenses.
- You don’t have to register in the added-value system.
- By registering a business in Russia you will reach a market of 150,000,000 people.
- You will not need to pay customs duties or any additional fees for selling your products/services to Armenia, Belarus, Kazakhstan and Kirgizstan.
- With this method the applicants and their families will be able to live freely in this peaceful, safe European country.
- Russia offers a unique modern-day study experience for your children in local or international schools.
- When living in Russia, you can benefit from having an international bank account in this beautiful country.
- Holders of this sort of a residence permit, will be able to benefit from the best medical services after purchasing an appropriate insurance package for all family members.
- Having a business residence permit in a Russia with such advantages, can have a significant impact on the result of your applications for other country visas.
- In case of the accordance of the Russian government, the initial residence permit card can have a validity period of up to 3 years.
- Minimum income in Russia is 14,200 Russian rubles and the average income in this country is around 105,000 Russian rubles.
Required documents:
- To get information about the required documents, please leave a message on WhatsApp to this number۰۰۳۷۰۶۲۶۳۹۰۰۰.
Costs:
- To get information about the expenses of this process, please send a WhatsApp message to ۰۰۳۷۰۶۲۶۳۹۰۰۰.
Some important points you might not have known:
- The CEO cannot pay his/her salary or the salary of the staff in cash or in an untraceable way, if the CEO does so, he/she will be deported from Russia immediately.
- The validity period of your residency card is directly related to the Russian immigration police office’s opinion. They might reject some requests entirely or issue residency cards with a validity period of one, two or three years for some people.
- The reason why we mentioned the initial equity of 3,000,000 Russian rubles is that considering the relative cheapness of living in Russia in comparison to Western Europe, some people, unfortunately, believe it might be possible to get a Russian residence permit with empty hands. There might be people believing that no certain capital is needed to run a business. It is unfortunately a wrong belief that has led to the waste of energy and money by numerous people, and finally their frustrated return to their home country. We should bear in mind that a government has no responsibility to provide us with a residence card because of the registration of an inactive company. Why should a government provide services to a company/business set up with fake and unrealistic documents which has also committed the crime of forging documents? Why should we be looking for illegal and wrong methods instead of developing a real business? It’s important to remember that owning a capital of over 3,000,000 Russian rubles will be of enormous help in this process.
- With the foundation of an inactive company, it will be inevitable for your residency request or the extension of your card to be rejected.
- The valuation criterion for Russian ruble, is its rate in the open market.
- This method does not apply to children over the age of 18 years so if you have any child older than eighteen, you will have to introduce her/him as a partner of your business.
- You are not obligated to live in a certain Russian city. You are free to choose where you want to live (e.g. Moscow, St. Petersburg, etc.).
- It’s important to remember that you, yourself, are entering an agreement as the buying party against the business owner, and the Whitebird group cannot guarantee or manage the contract made between you and the business owner.
- In case of any upcoming problems between you and the business owner, be it legal or criminal, you have to sue him/her yourself and the Whitebird Group takes no responsibilities in that regard.